Innovation Forecasting - Top Down

The forecast process for new products (innovation) is difficult and requires input and alignment from several representatives in the Supply Chain. Through this model, you’ll be able to select and import “Like-SKU” data at the distribution center level and then present several dashboards and views to be able to work the data from different supply chain perspectives. The data will be broken down the chain to enable the input from several actors in the chain and it up to lock down a final volume on time to enable you to hit launch date with the right volume of inventory.

This dashboard will enable the user to update the customer.

The model is restricted per stage, so each actor on the supply chain may mark a section complete, lock down the input and alert the next stage. This dashboard enables you to select the stage of the innovation process and upload the access accordingly.

In this dashboard, you’ll create the SKUs to be launch. Add them launch date, regional launch (if needed) and all categories assign to the SKU. Now you can start reviewing each SKU at different levels to prepare the forecast volume per launch.

With all pre-populate date, the user will be able to dive into the assumptions that will drive the forecast: penetration, velocity per outlet, ramp-up, and initial load-in at any level required.

This section converts the final forecast in generic weeks and allocates to calendar weeks, per the launch date, and customer reset date and regional launch (in case an innovation SKU has a special launch in any region).

This dashboard compares the cannibalized revenue by innovation SKU, if any, and compare it to the forecast of the innovation. This simple image will facilitate the decision around launching products.

This easy to use dashboard will give you the forecast in any units of measure the user might require it (units, cases, layers of pallets, pallets, or dollar revenue) for any actor of the supply chain.

Features

Access Setup

The model is restricted per stage, so each actor on the supply chain may mark a section complete, lock down its input and alert the next stage. This dashboard enables you to select the SKUs to be work and the stage they are at and upload the access accordingly.

In this dashboard, you’ll create the SKUs to be launched. Add the launch date, regional launch (if needed), and all categories assigned to the SKU. At this point, you can start reviewing each SKU at different levels to prepare the forecast volume per launch.

Market Level Forecast

In this section, you’ll select the Like-SKU and it will pre-populate the data. Then, you’ll be able to dive into the assumptions that will drive the forecast: penetration, velocity per outlet, ramp-up, and initial load-in. Different marketing, supply chain, and production representatives will be able to provide input.

Distribution Center Forecast

This stage will take the high-level forecast and break it by Tier 4, so each Tier 4 owner may input their comments, observations, and assumptions to send back a volume forecast and financial assumptions. The headquarters may use this information to start planning for supply to start the manufacturing process.

Volume Lock-Down per DC

Once the forecast volume is reviewed, the Tier 4 owner will update the customer information, channel parameters, assumptions, and then lock down the volume. They’ll have the option to export one final file.

Information

App stats

Modules

40

Roles

3

Formulas

40

Reports

9

Complexity

Intermediate

Barkawi

Barkawi helps clients improve the performance of their supply chain or aftersales service operations, by addressing four key areas: people, processes, strategies, and technology. Barkawi’s strength lies in our expertise in the systems, data analytics and science of supply chain functions combined with our strategic partnerships with best-in-class solutions providers. In addition to technology transformations, Barkawi also delivers a range of programs focused on driving operational excellence. With headquarters in Munich, Germany and offices in North America, Europe and Asia, Barkawi can support small tactical projects to large scale initiatives.